
Cheap Apartments for Rent in the Rio Grande Neighborhood of El Paso, TX from $400 (32 Rentals)
Search the lowest-cost Apartments available for rent right now in the Rio Grande area of El Paso.


Prospect Street Apartments

Highlander Apartments

1305 Myrtle Ave

Wallington Plaza Apartment Homes

1100 Myrtle Ave

2325 N Kansas St

1140 E Rio Grande Ave

1419 Wyoming Ave

Terrace Hill
Rio Grande, El Paso, TX Local Guide

How much does it cost to rent an apartment in Rio Grande?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Rio Grande Studio Apartments | $809 | $595 | $1,010 |
Rio Grande 1 Bedroom Apartments | $915 | $525 | $1,525 |
Rio Grande 2 Bedroom Apartments | $1,138 | $695 | $1,745 |
Rio Grande 3 Bedroom Apartments | $1,405 | $1,240 | $1,525 |
Browse Apartments in this Neighborhood
There are currently 32 rentals with your search options within a 1 mile radius of the Rio Grande Neighborhood of El Paso, TX.
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Rio Grande, El Paso, TX Local Guide
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Cheapest Neighborhoods for Apartments in Rio Grande, TX
Pricing Updated: 03/21/2025Current apartment rentals in the Rio Grande, TX area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Rio Grande Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
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Cheapest Available Rio Grande Apartments for Rent
 The cheapest available apartment rental in the Rio Grande area of El Paso, TX is a 2 Beds unit found at 62 Squared Apartments priced from $610. The Wallace Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $699. Here are the most affordable Rio Grande apartments for rent in El Paso, TX:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
62 Squared Apartments | 2 Beds, 3 Baths | 2BR,3BA | $610 |
The Wallace Apartments | 140 Basement | 1BR,1BA | $699 |
Ramey Apartments | Studio | Studio,1BA | $725 |
Terrace Hill | E - Studio | Studio,1BA | $798 |
Oregon Pearl | Studio | Studio,1BA | $825 |
Brisa Apartments & Storage | 1 Bedroom, 1 Bathroom | 1BR,1BA | $875 |
Savoy Lofts | A1 | Studio,1BA | $900 |
Sedona Peak | 1 Bedroom | 1BR,1BA | $930 |
Alza Dwellings | E1 | Studio,1BA | $960 |
THE 501- Downtown living | 2 Bedroom | 2BR,1BA | $970 |
Best Value Apartments for Rent in Rio Grande, TX
As of March 21, 2025 the best value apartment in the Rio Grande area is the $1.25 price per square foot A1 Model at The Townhomes at 1400 N. Kansas at River in the in the Segundo Barrio neighborhood starting from $1,695. The second greatest value Rio Grande apartment is the 2 Beds, 2.5 Baths Model at 62 Squared Apartments starting at $1,325 with a $1.33 price per square foot in the Segundo Barrio neighborhood. Here is today’s list of the best values for Rio Grande apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Townhomes at 1400 N. Kansas at River | A1 | 2BR,1.5BA | $1.25 |
62 Squared Apartments | 2 Beds, 2.5 Baths | 2BR,2.5BA | $1.33 |
La Mariposa Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.19 |
1211 Los Angeles Dr, Unit 2 bed1bath UTEP N DOWNTOW | 1211 Los Angeles Dr | 2BR,1BA | $1.46 |
The Wallace Apartments | 430 | 1BR,1BA | $1.36 |
THE 501- Downtown living | 2 Bedroom | 2BR,1BA | $1.57 |
Savoy Lofts | A1 | Studio ,1BA | $1.53 |
Sedona Peak | 1 Bedroom | 1BR,1BA | $1.58 |
Ramey Apartments | Studio | Studio ,1BA | $1.45 |
Terrace Hill | E - Studio | Studio ,1BA | $1.62 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleRio Grande, El Paso, TX
Ranked #150
Among neighborhoods in El Paso, TX for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Rio Grande, El Paso, TX
School data provided by Great Schools
Best Local Schools in Rio Grande, El Paso, TX
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Rio Grande, El Paso, and the greater El Paso area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and convenient access to the outdoors, family-friendly amenities, raising pets, transit options, in addition to floorplans, availablity, and pricing. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Rio Grande Apartments
What is a cheap apartment in Rio Grande?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Rio Grande is under $970.
What is the price of a cheap apartment in Rio Grande?
The cheapest apartment in Rio Grande is The Wallace Apartments which is listed at $699, while the average apartment in Rio Grande costs $1,382.
What types of apartments are the cheapest in Rio Grande?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 34 regular apartments in Rio Grande that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Rio Grande?
Cheap apartments in Rio Grande have an average cost of $222 which is $1,160 cheaper than the average rent for all rentals in Rio Grande.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.